On the Graph of Growth of British Cities During the 1800s

question 26

Multiple Choice

On the graph of growth of British cities during the 1800s, the rising lines represent

• A)increasing agricultural capacity.
• B)increasing market sales.
• C)decreasing road network density.
• D)increasing city population.

---

Definitions:

Long Run

A period in economic theory during which all factors of production and costs are variable.

Average Costs

Average costs are calculated by dividing the total costs of production by the quantity of output produced, often used to assess cost efficiency.

Output Increases

A rise in the amount of goods or services produced by an entity.

Average Costs

The total cost of production divided by the number of goods produced; it decreases as production increases.